Borrow: management fee-welfare fee

Loan: wages payable to employees.

Debit: payable to employees.

Loans: bank deposits

Whether to take the holiday allowance and lunch allowance of employees as the salary base for drawing union funds?

The sources of trade union funds refer to Article 42 of the Trade Union Law: (2) Funds allocated to trade unions by enterprises, institutions and organs that establish trade union organizations according to 2% of the total monthly wages of all employees in their own units.

The Notice of the Ministry of Finance on Strengthening the Financial Management of Employee Welfare Fees (Caiqi [2009] No.242) stipulates that holiday subsidies and monthly lunch subsidies paid by enterprises to employees should be included in the total wage management.

Therefore, the holiday allowance and lunch allowance given by the company to employees should be used as the salary base for extracting trade union funds.

The company held a meeting to arrange meals in a unified way. What expense account should this part of the catering expenses be credited to?

Usually, catering expenses should be included in business entertainment expenses, but the catering expenses incurred during the meeting are different. According to Article 14 of the Measures for the Administration of Conference Fees of Central and State Organs (No.286 of Caihang [2013]), the scope of conference fees includes conference accommodation, meals, conference room rent, transportation, document printing and medical expenses. That is, the normal catering expenses incurred during the meeting. Does not belong to the category of catering services, it should be accounted as meeting expenses in accounting, and can be deducted as the full amount of meeting expenses before tax in enterprise income tax, but legal proof of its authenticity must be provided, such as meeting time, place, attendees, content, purpose, expense standard, payment voucher, etc.

Risk warning: Many enterprises may attach importance to the organization of meetings, but ignore the collection of relevant documents, which eventually leads to tax-related risks. The tax law clearly stipulates that enterprises should strictly distinguish between business entertainment expenses and conference expenses, and must not crowd business entertainment expenses into conference expenses. Taxpayers' travel expenses, conference fees and directors' fees related to their business activities shall, if required by the competent tax authorities, provide legal documents to prove their authenticity, otherwise they shall not be deducted before tax.

As mentioned above, if the company gives each employee a lunch fee every month, the entries can refer to the contents introduced in this article. If you only subsidize the lunch expenses of some employees on business trips, you need to go through the "travel expenses" account, and the finance will be accounted according to the specific situation.